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International Business Times
International Business Times
Business
Marvie Basilan

Expert's Take: DeepSeek Approach 'Inspiring', Can Be A Growth Catalyst In Blockchain Development

DeepSeek's AI chatbot landed in the global tech space to a generally skeptical community. (Credit: AFP)

KEY POINTS

  • DeepSeek's launch caused a stir in the tech industry, causing stocks to plunge and dragging AI token prices along with the fall
  • Dizzaract's Ilman Shazhaev said DeepSeek's approach is 'inspiring' and could be a catalyst for a change in views
  • 'If high-performance AI models can be accessed at a low cost, more decentralized systems will be able to leverage them at every level,' he said

When Chinese startup DeepSeek launched its AI model in January, everything went crumbling down for the broader technology sector, and as tech stocks plummeted, so did tokens around artificial intelligence projects blockchain.

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